In what must be music to T-Mobile CEO John Legere’s ears, Verizon has once again told us that it won’t be lowering our wireless bills just to better compete with T-Mobile. FierceWireless reports that Verizon CFO Fran Shammo said during the Jefferies Technology, Media and Telecom Conference this week that it won’t be overly reactive to T-Mobile’s “Uncarrier” moves even though its subscriber growth rate actually dropped year-over-year in its last quarterly earnings report.
With all the fantastic smartphones that have launched in recent months, finding a great phone is becoming easier than ever. Finding the right wireless provider and the right service plan, however, can be a much more daunting task. More →
Nothing provokes ridiculous whining from major carriers more than being told that they can’t completely buy up every last piece of valuable spectrum. Re/code points out that Verizon has decided to follow in AT&T’s footsteps and stamp its feet about the restrictions that the Federal Communications Commission has put in place to reserve some chunks of spectrum for smaller operators. More →
Sony is still struggling when it comes to establishing a fruitful relationship with U.S. carriers, but it looks like the Japanese giant has scored a major deal with Verizon, which will apparently soon launch Sony’s newest flagship Android handset. While Verizon has yet to officially announce the Xperia Z2, Sony jumped the gun and mistakenly published a press image of the device, complete with a Verizon logo, on its Sony Xperia Google+ page. The picture was quickly deleted, but not before being picked up by Droid Life. More →
If you’re looking for a sweet Mother’s Day gift or if you just want to get some of the hottest smartphones released in the last year on the cheap, then Verizon has a proposition for you. Droid Life notices that between now and May 12th, you’ll be able to buy an iPhone 5s, a Samsung Galaxy S5 or an HTC One (M8) for only $99 with a two-year contract, or half off the regular price. You’ll also be able to pick up a Galaxy Note 3 for $199 on contract, which is down from its regular price of $299. All things told, this is a pretty sweet deal for four of the best smartphones in the world, even if it does mean being tied down to a two-year contract on Verizon.
T-Mobile may be shaking up the wireless industry, but it hasn’t stopped Verizon from chugging along. In its first-quarter earnings report released Thursday, Verizon posted a profit of $0.84 per share, which was below the consensus estimate of $0.87 per share. On the plus side, the company’s revenue in Q1 2014 was $31.8 billion, which was over $1 billion higher than the consensus estimate of $30.7 billion. What’s more, Verizon added 539,000 postpaid subscribers on the quarter, which is a solid number slightly below the 625,000 postpaid subscriber gains that AT&T reported over the same quarter. Even more importantly, Verizon’s postpaid churn, or the rate at which customers come and go, remained at a very low 1.07%.
Broadband Internet service is still painfully expensive in the United States and to make matters worse, a new study shows that most American households aren’t getting the fast data speeds they are paying for. More →
Many eager Samsung fans who finally got their hands on the company’s latest and greatest after months of leaks and rumors have been greeted with an unpleasant surprise: A huge bug in Verizon’s version of the Galaxy S5 is rendering the device’s camera completely unusable, and it has no known fix. More →
It’s taken far too long, but it looks like an update to the latest version of Android on Verizon’s Galaxy S4 is finally in sight. Android Geeks obtained a leaked document from one of its readers which points to May 2nd as the launch date for Android 4.4.2 KitKat on the S4, around two months after the roll out began for AT&T and Sprint subscribers. Google has made it clear that the inexplicable update delays will be handled more efficiently in the future, but for now, Verizon customers are dependent on internal leaks to learn about software updates. More →
Sleazy astroturf campaigns are nothing new in the corporate world but Verizon may have just taken things to a whole new level. Ars Technica reports that New Jersey’s Board of Public Utilities (BPU) recently received hundreds of identically worded emails from different people that all supported Verizon’s demands that it be let off the hook for building out broadband infrastructure that it had agreed to build as part of an agreement with the state that dates back to two decades ago. There’s a problem, however: Some of the people who supposedly sent emails to the board say they did no such thing.
It pays to be an executive in one of the hottest industries on the planet. Very well, in fact. Fierce Wireless has compiled a list of the top 10 highest paid CEOs in the wireless industry in 2013, featuring many familiar faces, but leaving out some of the biggest names in the wireless world. As for notable omissions, Tim Cook didn’t rank among the top 10 for the first time in several years, and Stephen Elop disappeared as well. T-Mobile CEO John Legere is also absent from the list, but T-Mobile has yet to announce executive compensation for last year. More →
Ahead of the holidays last year, AT&T unveiled new smartphone plans that finally offered subscribers what many people have been seeking for years: a discount on phone service once the device subsidy is paid for. Traditional cell phone service plans include an additional fee built in to help carriers recoup the cost of the phones they sell, which are made available to customers at a discounted price up front. The rest of the phone’s value is worked into the monthly cost of service.
According to data from the Federal Communications Commission, about one-third of households in the United States have no choice when it comes to home broadband service. In other words, if they want reasonably fast home Internet service and they live in an area with access to wireline broadband, there is only one company they can pay. Another 37% of American households have a choice between just two Internet service providers for home broadband, which is defined by the FCC as Internet service with download speeds of just 4Mbps or more.
Why is the current state of home Internet service such a mess for consumers? One of the biggest reasons is so obvious that you might not have even considered it. More →